Christal Place Apartments 3211 St Joseph Blvd 24 Unit Apartment Building $4,950,000 CAD ($206,250 CAD/Unit) Ottawa, ON K1C 1T1

3211 St. Joseph Boulevard represents an exceptional multi-family investment opportunity in Ottawa’s east-end community of Orléans. This well-maintained low-rise building comprises 24 residential units situated along one of the area’s primary east-west transportation corridors, offering unmatched visibility and connectivity. The property benefits from solid suburban fundamentals and access to a wealth of nearby amenities, including Place d’Orléans Shopping Centre, grocery stores, healthcare facilities, schools, and dining options—all reinforcing its desirability among tenants.
Significant upside exists for investors through rental optimization, as current rents sit approximately 60% below market levels. Additional value-add opportunities include monetizing the generous parking area and leveraging excess development land at the rear of the property for potential expansion or repositioning. The location ensures superior connectivity via Highway 174 for direct access to Downtown Ottawa and surrounding communities. Public transit service along St. Joseph Boulevard heightens accessibility for residents while linking to employment hubs across the city. These combined features position 3211 St. Joseph Boulevard as a premier long-term asset delivering both stable cash flow and substantial redevelopment potential in a growing suburban market.